this post was submitted on 10 Jul 2024
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This is the "consumer choice" argument.
The problem is that consumers likely don't have that choice. The "free market" is really bad in incentivising good long term behavior, they favor short term gains for their stockholders. Thus they likely all switch to practices that seemingly lower cost or raise short term profits. If they can fire employees and replace them with AI, they will do so.
If they would think long term, they would prefer to hire humans instead of AI, because that way they would give their future customers money to buy their stuff. AI will not be their customer. They would pay them enough money to be a happy and good consumer.
Customer choice doesn't matter here, they either just have to buy whatever is cheapest, or die, because their employers (if they even have one) don't pay they enough for them to have choice, because short term profits.
Yeah - that's all part of the "unless enough people leave" point.
It really depends on the market though - if it's not an essential good, it doesn't need to be replaced (online games). If there's adequate competition, there's largely undifferentiated alternatives (utilities around me)... and if not, you probably don't have a choice (your local government services, monopolies, and shallow markets for essential goods).
My point is there never will be enough people to leave. Consumer boycotts do not work.
Between thousands of different factors to consider wherever to buy a product from a certain producer or not, child labor, environmental waste, political attitude of the CEO, etc... it isn't possible to make any decision on what product to consume.
It isn't about 'unless enough people leave" it is about "unless enough people protest to the government for market regulation" and "unless enough law makers care".
The free market is not self regulating, at least not with a long term positive effect.